Private equity backers offload record amount of old fund stakes
Deals in which investors sell holdings in ageing funds set to hit $110bn
Deals in which investors sell holdings in ageing funds set to hit $110bn

Industry racks up largest asset gains on record, benefiting from buyout groups’ difficulty returning cash to clients

Larger funds’ global share of commitments slides as fundraising winter drags on

Value of companies sitting in buyout funds reached $3.8tn last year, according to Bain & Company

Prolonged downturn in dealmaking has meant fewer opportunities and squeeze on pay

Fundraising by evergreen vehicles has slowed amid worries about exposure to software and AI

Popularity of evergreen vehicles with wealthy individuals could ‘fundamentally alter the landscape of private equity’